DANSK SKOVFORENING — Credit Rating and Financial Key Figures

CVR number: 59198513
Rådhuspladsen 16, 1550 København V
info@danskskovforening.dk
tel: 33240242
www.danskskovforening.dk

Credit rating

Company information

Official name
DANSK SKOVFORENING
Personnel
8 persons
Established
1964
Industry

About DANSK SKOVFORENING

DANSK SKOVFORENING (CVR number: 59198513K) is a company from KØBENHAVN. The company reported a net sales of 582.3 mDKK in 2023, demonstrating a decline of -33.2 % compared to the previous year. The operating profit percentage was poor at -3.2 % (EBIT: -18.7 mDKK), while net earnings were -21.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -24 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DANSK SKOVFORENING's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales567.52776.65871.90582.32
Gross profit74.2747.1358.3240.0920.12
EBIT44.5820.8324.678.47-18.71
Net earnings34.9613.5113.401.82-21.73
Shareholders equity total59.0271.9399.83101.4579.71
Balance sheet total (assets)122.38188.33249.72253.16172.46
Net debt-19.78-13.7849.47-31.05
Profitability
EBIT-%3.7 %3.2 %1.0 %-3.2 %
ROA39.4 %14.1 %11.3 %4.2 %-7.5 %
ROE84.5 %20.6 %15.6 %1.8 %-24.0 %
ROI70.5 %26.0 %14.3 %4.9 %-11.4 %
Economic value added (EVA)36.0112.7321.801.00-22.34
Solvency
Equity ratio48.7 %39.3 %100.0 %40.5 %48.5 %
Gearing22.6 %25.7 %81.0 %20.1 %
Relative net indebtedness %14.4 %13.6 %7.8 %
Liquidity
Quick ratio1.41.21.01.4
Current ratio1.71.71.61.7
Cash and cash equivalents33.1332.2332.7547.06
Capital use efficiency
Trade debtors turnover (days)47.240.236.3
Net working capital %8.7 %7.4 %7.1 %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:-7.49%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.5%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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